Important investment lessons gleaned from the mistakes of accomplished professional investors and billionaire businessmen
The Billion Dollar Mistake is an up-close account of the career-defining mistakes that some of the world's most brilliant billionaire investors have made, and a revealing look at what we can learn from them. Drawing on author Stephen Weiss' twenty-two years experience at some of Wall Street's most prestigious firms, the core of this book is based upon original research and interviews with these legendary investors, who discuss the most significant trade or investment that went against them, the magnitude of the loss, its effect on their businesses-and on their personal lives. To some, these fascinating accounts will read like a novel; to others, it will be a treasured and unique investment guide.
This intriguing book skillfully examines the causal relationship
between the quirks of each investor's personality and the mistakes
they have committed. Along the way, Weiss provides a series of
compelling narrative accounts of the individuals' road to success,
the particular mistakes they made, the character flaws that led to
them, and the lessons learned. While some investors made errors of
judgment, others made errors of perception. The Billion Dollar
Learning from the missteps of the best in the investment business can help you succeed. With The Billion Dollar Mistake, you'll discover how.